28 February 2018
Completion OF THE SQUEEZE-OUT BY
Natixis Belgique Investissements SA, a public limited company incorporated under Belgian law
(the « Bidder »)
ON ALL SHARES AND WARRANTS NOT YET OWNED BY THE BIDDER AND ITS AFFILIATES ISSUED BY
Dalenys SA, a public limited company incorporated under Belgian law (the « Target Company »).
| Squeeze-out | |
| As the Bidder and the persons affiliated to him held more than 95% of the shares and securities with voting rights in the Target Company upon completion of the initial acceptance period of the mandatory takeover bid, the Bidder proceeded with a squeeze out (in accordance with Article 513 of the Companies Code and Articles 42 and 43 in conjunction with Article 57 of the royal decree of 27 April 2007 on Takeover Bids) (the "Squeeze-out") in order to acquire the shares and warrants issued by the Target Company not yet held by the Bidder, at the same conditions as the mandatory bid. | |
| Results of the squeeze-out | |
| On 23 February 2018, upon completion of the Squeeze-out period 348,220 shares of the Target Company were tendered in the context of the Squeeze-out. The 108,289 shares and 5,000 warrants of the Target Company not tendered during the Squeeze-out are deemed transferred to the Bidder by operation of law. The funds required for the payment of the price thereof are kept with the deposit and consignation office ("Caisse des Dépôts et Consignations" / "Deposito- en Consignatiekas"). The holders of these shares and warrants retain the right to receive EUR 9 per share and EUR 1.43 per warrant. However, in order to receive these amounts, they must contact the deposit and consignation office, where the funds will remain available during a period of thirty years. All shares of the Target Company were delisted from Euronext Brussels and Euronext Paris, Compartment C, on 26 February 2018. The price offered in the context of the Squeeze-out amounts to EUR 9 EUR per share and EUR 1.43 per warrant. This price is equal to the price offered in the context of the mandatory bid. Payment is planned on 9 March 2018 at the latest. | |
| Contacts Natixis : | |
| Investor relations : investorelations@natixis.com | Press relations : relationspresse@natixis.com |
| Damien Souchet Souad Ed Diaz Brigitte Poussard | T + 33 1 58 55 41 10 T + 33 1 58 32 68 11 T + 33 1 58 55 59 21 | Elisabeth de Gaulle Sonia Dilouya | T + 33 1 58 19 28 09 T + 33 1 58 32 01 03 |
